It Works; It Doesn’t; It Can, But That Depends…: 50 Years of Controversy over the Macroeconomic Impact of Development Aid
Published By: UNU-WIDER on eSS | Published Date: August, 16 , 2005This paper surveys 50 years of empirical research on the macroeconomic impact of aid,
looking mainly at studies examining the link between aid and growth. It argues that
studies dating until the late 1990s produced either contradictory or inconclusive results.
Aid either worked, or it didn’t, according to this research. The paper then highlights a
major shift in the literature that coincided with the release of the World Bank’s
Assessing Aid: What Works, What Doesn’t and Why. [Research Paper No. 2005/54]
Author(s): Mark McGillivray, Simon Feeny, Niels Hermes, Robert Lensink | Posted on: Dec 16, 2010 | Views(733) | Download (128)